Northern Ocean Ltd Stock Fundamentals

4JO Stock  EUR 0.76  0.07  10.14%   
NORTHERN OCEAN LTD fundamentals help investors to digest information that contributes to NORTHERN OCEAN's financial success or failures. It also enables traders to predict the movement of NORTHERN Stock. The fundamental analysis module provides a way to measure NORTHERN OCEAN's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NORTHERN OCEAN stock.
  
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NORTHERN OCEAN LTD Company Shares Outstanding Analysis

NORTHERN OCEAN's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

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Public Shares

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Repurchased

More About Shares Outstanding | All Equity Analysis

Current NORTHERN OCEAN Shares Outstanding

    
  181.62 M  
Most of NORTHERN OCEAN's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NORTHERN OCEAN LTD is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Based on the latest financial disclosure, NORTHERN OCEAN LTD has 181.62 M of shares currently outstending. This is 89.99% lower than that of the Energy sector and 15.08% lower than that of the Oil & Gas Drilling industry. The shares outstanding for all Germany stocks is 68.24% higher than that of the company.

NORTHERN OCEAN LTD Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NORTHERN OCEAN's current stock value. Our valuation model uses many indicators to compare NORTHERN OCEAN value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NORTHERN OCEAN competition to find correlations between indicators driving NORTHERN OCEAN's intrinsic value. More Info.
NORTHERN OCEAN LTD is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NORTHERN OCEAN's earnings, one of the primary drivers of an investment's value.

NORTHERN Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NORTHERN OCEAN's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NORTHERN OCEAN could also be used in its relative valuation, which is a method of valuing NORTHERN OCEAN by comparing valuation metrics of similar companies.
NORTHERN OCEAN is currently under evaluation in shares outstanding category among its peers.

NORTHERN Fundamentals

About NORTHERN OCEAN Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NORTHERN OCEAN LTD's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NORTHERN OCEAN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NORTHERN OCEAN LTD based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Northern Ocean Ltd., together with its subsidiaries, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda. NORTHERN OCEAN is traded on Frankfurt Stock Exchange in Germany.

Currently Active Assets on Macroaxis

Other Information on Investing in NORTHERN Stock

NORTHERN OCEAN financial ratios help investors to determine whether NORTHERN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NORTHERN with respect to the benefits of owning NORTHERN OCEAN security.